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The Ramos Company Beginning of 2019 End of 2019 28,000 21,000 15,000 Direct materials inventory Work-in-process inventory Finished-goods inventory Purchases of direct materials Direct manufacturing

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The Ramos Company Beginning of 2019 End of 2019 28,000 21,000 15,000 Direct materials inventory Work-in-process inventory Finished-goods inventory Purchases of direct materials Direct manufacturing labor Indirect manufacturing labor Plant insurance Depreciation-plant, building, and equipment Repairs and maintenance-plant Marketing, distribution, and customer-service costs General and administrative costs 30,000 23,000 21,000 76,000 18,000 11,000 9,000 11,000 3,000 82,000 20,000 Required: 1. Prepare a schedule for the cost of goods manufactured for 2019. 2. Revenues for 2019 were $275 million. Prepare the income statement for 2019

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